Danny Schechter - ColdType

Comments on
The Crime of Our Time
“Regulations have always been the mechanism used by
societies to prevent flagrant abuses of power, the enslavement
of the working class and the rise of a parasitic power elite.
The erosion of regulations, as Danny Schechter makes clear
in his book, permits the powerful to legalize crime. Theft,
fraud, deceptive advertising, predatory lending, debt sold to
investors as assets become the currency of a false economy.
And when this ficticious economy crashes those who engaged
in these crimes, because they have hijacked the reigns of
power, are able to loot the U.S. Treasury in the largest
transference of wealth upwards in American history. There
are many forms of terrorism. And this economic terrorism,
as Schecter writes, is perhaps even more dangerous to the
nation than the attacks of 9/11.”
– Chris Hedges, author of Empire of Illusion: The End of
Literacy and the Triumph of Spectacle
“Danny Schechter is the people’s economist. The clairvoyance
of his opus transcends mainstream statistics-gatherers
because he examines the real world, reporting the American
condition as told to him by the real people who live it
everyday. The Crime of Our Time combines Schechter’s
signature bold passion, keen analysis, and solid empathy for
those caught in the cross-fires of the financially powerful
and politically connected. Like Schechter’s other works, The
Crime of Our Time is ahead of its time, and we could all learn
from Schechter’s astute, heartfelt, and exceedingly accurate
observations and predictions.”
– Nomi Prins, former Managing Director at Bear Stearns
and Goldman Sachs, author It Takes a Pillage